1333 Broadway, Watervliet, NY, 12189

About This Home

Opportunity awaits with this two-family property ideal for investors or owner-occupants. Each unit features a living room, eat-in kitchen, full bathroom, laundry closet with hookups, and three spacious bedrooms. The upper unit includes an additional alcove suitable for a nursery, office, workout space, or playroom. The first-floor unit is heated by electric, while the upstairs unit offers natural gas forced heat. Both units were most recently rented for approximately $1,500 per month each. Based on prior rents and the sellers expenses, the property reflects an estimated 12.3% capitalization rate (buyer to verify all income and expenses). AS-IS - Bring your imagination, paint brush and get ready to start collecting your cash flow. Off-street parking is available via the rear alleyway behind the building.